Respuesta :
Answer:
Cash 11,750 debit
Common Stock 11,750 credit
Supplies 341 debit
Cash 341 credit
Equipment 6,489 debit
Accounts Payable 6,489 credit
Cash 1,387 debit
Fees Earned 1,387 credit
Accounts Payable 6,498 debit
Cash 6,498 credit
Cash 2,491 debit
Fees Earned 2,491 credit
rent expense 525 debit
Cash 525 credit
Cash 1,046 debit
Accounts Receivables 1,046 credit
Dividends 1,000 debit
Cash 1,000 credit
Cash T-accounts
Debit Credit
11750
341
1387
6498
2491
525
1046
1000
16674 8364
Bal 8310
Explanation:
To record journal entries we should always make sure debit colum equals credit column.
Also, each account can only be used one time per entry and with one value.
The T-account represent all the movement of an account.
We list each debit and credit made to that account in the course of the accounting cycle.
Then we calcualte the difference and determinated the balance.